Economy in Brief: January 2018

Interestingly, now while there has been more optimism expressed about the European recovery, vehicle registrations have stalled. The chart shows that real retail sales volumes are still moving higher. But they also show vehicle [...]

Retail gasoline prices rose to $2.56 per gallon (8.4% y/y) last week, the highest level in one month. Haver Analytics constructs factors adjusting for the seasonal variation in gasoline pump prices. The price increased sharply to [...]

The German statistical agency today reported the annual average of German inflation featuring that metric over the usual fourth quarter to fourth quarter measure because it made for a more dramatic result. December to December both [...]

The Empire State Manufacturing Index of General Business Conditions in January declined to 17.7 following a revised drop to 19.6 during December. Earlier figures also were revised. The latest level was the lowest in six months, but [...]

The Consumer Price Index ticked 0.1% higher (2.1% y/y) during December, moderating from a 0.4% November rise. Prices excluding food & energy accelerated, however, posting a 0.3% rise (1.8% y/y ). That's the strongest increase since [...]

Total business inventories increased 0.4% in November (3.2% y/y) following no change during the prior two months. Total business sales jumped 1.2% (7.9% y/y), the fourth consecutive month of strong gains. The moderate rise in [...]

Total retail sales posted a solid 0.4% m/m (5.4% y/y) increase in December on top of strong upwardly revised rises in October and November. The initially reported 0.5% m/m increase in October was revised up to a 0.7% m/m rise, and the [...]

The Consumer Price Index ticked 0.1% higher (2.1% y/y) during December, moderating from a 0.4% November rise. Prices excluding food & energy accelerated, however, posting a 0.3% rise (1.8% y/y ). That's the strongest increase since [...]